REPLACING THE CULPABLE INSOLVENCY PRACTITIONER ACCORDING TO LAW NO. 85/2014 (ROMANIAN CODE OF INSOLVENCY)

Maria Dumitru-Nica () and Camelia Ignatescu ()
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Maria Dumitru-Nica: PhD Associate Professor, ,,Petre Andrei” University, Faculty of Law, Suceava,Romania
Camelia Ignatescu: PhD Associate Professor, ,,Stefan cel Mare” University, Faculty of Economics and Public Administration, Suceava, Romania.

European Journal of Law and Public Administration, 2015, vol. 2, issue 3, 63-76

Abstract: By adopting in June 2014 Law no.85 /2014 on procedures destined to prevent insolvency and of insolvency (“Insolvency Code”) they tried to remedy the shortcomings of the old regulations - Law no.85 / 2006 on insolvency. One of the controversial issues in doctrine but especially in the practice of courts targeted the replacement of the judicial administrator or of the liquidator. In this study we shall try to find out to what extent the desire pursued by the legislature was reached, indicating that our approach will address only the situation of replacement of the just insolvency practitioner due to his/her fault.

Keywords: insolvency; replacement of judicial administrator / liquidator / insolvency practitioner; syndic judge (search for similar items in EconPapers)
JEL-codes: K (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:lum:ejlpa1:v:2:y:2015:i:3:p:63-76

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